Remittance inflows to Georgia reached $321.5 million in August, up 10.7% - NBG
According to the National Bank of Georgia (NBG), remittance inflows to the country in August 2025 totalled $321.5 million, marking a 10.7% (or $31 million) increase compared to the same month in 2024.
From January to August 2025, the total volume of transfers amounted to $2.37 billion. The largest share of remittances came from EU countries, accounting for 44.9% (or $144.3 million) of the total inflows, with an annual growth rate of 11.7%. Within the EU, Italy, Germany, and Greece remained the main contributors.
Transfers from the United States also showed strong growth, rising by 16.8% year-on-year in August to reach $59.3 million.
By contrast, remittances from the Russian Federation continued to decline, falling by 2.9% annually to $41.3 million in August.
Meanwhile, money transfers sent abroad from Georgia also increased. In August 2025, residents of Georgia transferred $35.7 million (₾96.4 million) abroad, which is 7.8% higher than the same month of the previous year ($33.1 million).
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ADB to Mobilize $50 Billion to Turn Regional Connectivity into Action
05.05.2026.17:07
The Asian Development Bank (ADB) is mobilizing $50 billion by 2035 through new financing tools, policy support, and partnerships to help countries build cross-border power grids across some of the world's most complex regions, aiming to lower energy costs, strengthen reliability, and expand clean energy trade, ADB President Masato Kanda said today.
"The $50 billion Pan-Asia Power Grid Initiative is about building the infrastructure required for a more connected, resilient, and prosperous Asia and the Pacific," Mr. Kanda said. "Countries that stay connected attract investment and weather shocks better than those that turn inward. Connectivity is our answer to fragmentation."
Speaking at the Governors' Seminar on the Pan-Asia Power Grid Initiative (PAGI) during ADB's 59th Annual Meeting, Mr. Kanda underscored ADB's role in moving beyond standalone projects toward integrated regional systems that underpin growth, resilience, and energy security.